I have a really bad credit score can I get a mortgage?

The simple answer to this question is yes. It can still be possible to get a mortgage if you have a poor credit score.

 

Having a good credit score means more lenders will be an option to you and you will have more choice from the products on offer. However having a bad credit score, doesn’t mean there aren’t still options out there.

 

The mortgage company you select will ask for more in a way of assurance, to balance out the credit score, this can mean your mortgage may be more expensive and you may require a larger deposit.

 

However there are also specialist mortgages that are designed specifically for you if you’re credit history isn’t great.

 

Every mortgage application is unique, which means it’s always best to get in touch and speak to us directly about your circumstances, every credit score has a history and working with us we can help you to understand your score and the options available to you.

 

Working with a mortgage broker like us, means we have access to the entire market, so we can search easily the bigger and smaller banks and lenders that may have a product suitable for you.

 

Most importantly we’re always on hand to offer you advice on how you can improve you credit score, if you’re looking for a more long term approach to buying a property.

 

 

Either way we’re always here to chat things through and have a team of dedicated mortgage advisers to assist you. Get in touch with us today…

 

 

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